10305 95 Street NW in Edmonton: Zone 13 Multi-Family Commercial for sale : MLS®# E4167310

Courtesy of Ravi Thakur of RE/MAX Excellence

10305 95 Street NW
Zone 13 Edmonton T5H 2B6

$1,400,000
Multi-Family Commercial

Main Photo: 10305 95 Street NW in Edmonton: Zone 13 Multi-Family Commercial for sale : MLS®# E4167310
Status:
Active
Prop. Type:
Multi-Family Commercial
MLS® Num:
E4167310
Build. Type:
Low Rise (2-4 stories)
An opportunity to own a potential development opportunity just in the backyard of Downtown Edmonton. This regular shaped and, approximately 7,710.65 Square Feet lot is zoned as DC1 and should provide a variety of usage options. Alternatively, the buyer could keep this asset as income generating property. The current building has 32 rooms that are rented separately (Rooming House). Rent roll can be shared after getting a signed non-disclosure agreement from a prospective buyer.
Sale Type:
Asset
Transaction Type:
For Sale
Property Type:
Land Commercial, Multi-Family Commercial
Construction:
Wood Frame
Building Type:
Low Rise (2-4 stories)
# Units:
0
Tot Pkg Spaces:
0
# Storeys:
3.0
Year built:
1940 (Age: 79)
Total Floor Area:
10,000 sq. ft.
Lot Area:
7,534.74 sq. ft.
Land Use/Zoning:
DC1
Plan:
RN23
Title to Land:
Fee Simple
LINC Number:
0023089113
Possession Date:
Sep 02, 2019
Services Connected:
Fully Serviced
Water Supply:
Municipal
Sewer Septic:
Municipal/Community
Num. of Parcels:
1
Cap Rate %:
7.5
Gross Operating Income:
$192,000
Other Income:
$0
Effective Gross Income:
$172,800
Net Operating Income:
$103,690
Total Oper. Expenses:
$69,110
Tot Expenses:
$69,110
Entry date:
Jul 27, 2019
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Data was last updated September 15, 2019 at 02:30 PM (UTC)
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